To: Alberta's Child
You'll notice quite a few things missing from that graphic between the $5.67 "cost" and the $14.00 retail price. I'll list just a few of them here:
1. Retail labor (sales employees, management, etc.)
2. Facility costs (rent for retail space, maintenance, etc.)
3. Security personnel
3. Employee benefits
5. "Shrink" due to loss of product, theft, etc.
6. IT and other administrative costs
You're also not factoring in the palm-greasing, back scratching and bribery of local government officials to overlook the building codes of the factories.
posted on 05/04/2013 7:09:11 PM PDT
by Joe 6-pack
(Qui me amat, amat et canem meum.)
To: Joe 6-pack
and bribery of local government officials to overlook the building codes of the factories
Um... Building codes? Bangladesh?
posted on 05/04/2013 7:15:51 PM PDT
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